MONEY

What do Trump's proposed tariffs mean for you?

Nov. 26, 2024Updated April 9, 2025, 6:01 p.m. ET
President Donald Trump has paused for 90 days sweeping tariffs he imposed on most countries while ramping up tariffs on China in a retreat from a trade strategy that rattled financial markets and raised concerns of a recession. Keep reading to see some of the items that could be impacted by the tariffs.
President Donald Trump has paused for 90 days sweeping tariffs he imposed on most countries while ramping up tariffs on China in a retreat from a trade strategy that rattled financial markets and raised concerns of a recession. Keep reading to see some of the items that could be impacted by the tariffs.
Brendan McDermid
Oil is the top import from Canada to the U.S., according to the U.S. Energy Information Administration.
Oil is the top import from Canada to the U.S., according to the U.S. Energy Information Administration.
Todd Korol, Reuters
Electronics are among the bulk of goods sent from China to the U.S. each year.
Electronics are among the bulk of goods sent from China to the U.S. each year.
Mike Lang, Sarasota Herald-Tribune Via USA TODAY Network
Other popular Chinese-made imports include textiles, furniture and toys.
Other popular Chinese-made imports include textiles, furniture and toys.
Matt Stone, Louisville Courier Journal Via USA TODAY Network
Cars and components for cars are the top category of goods coming from Mexico.
Cars and components for cars are the top category of goods coming from Mexico.
Mike Blake, Reuters
Alcohol like Modelo beer, tequila, mezcal and Canadian whisky could see price changes due to Trump's proposed tariffs.
Alcohol like Modelo beer, tequila, mezcal and Canadian whisky could see price changes due to Trump's proposed tariffs.
Mario Tama/Getty Images
Food prices in the U.S. may be in for a spike, as agricultural goods accounted for around $20 billion in American purchases from Mexico last year. Keep reading to see which specific food items could see a change in price.
Food prices in the U.S. may be in for a spike, as agricultural goods accounted for around $20 billion in American purchases from Mexico last year. Keep reading to see which specific food items could see a change in price.
Cody Scanlan, The Register Via USA TODAY Network
Fruit could be impacted by Trump’s proposed tariffs, particularly avocados, melons and citrus fruits.
Fruit could be impacted by Trump’s proposed tariffs, particularly avocados, melons and citrus fruits.
Steve Heaslip, USA TODAY Network
Dairy products
Dairy products
Stefani Reynolds, AFP Via Getty Images
Nuts and cacao, the latter of which is pictured here, could be impacted by Trump’s proposed tariffs.
Nuts and cacao, the latter of which is pictured here, could be impacted by Trump’s proposed tariffs.
Mario Tama, Getty Images
Vegetable oils and fats
Vegetable oils and fats
Mike Lawrence, The Gleaner, Henderson Gleaner Via USA TODAY Network
Various meats including pork, fish and poultry, could see a change in price from Trump’s proposed tariffs.
Various meats including pork, fish and poultry, could see a change in price from Trump’s proposed tariffs.
Michael Snyder, The Northwest Florida Daily News Via USA TODAY Network
Vegetables, particularly corn, could see a change in price from Trump’s proposed tariffs.
Vegetables, particularly corn, could see a change in price from Trump’s proposed tariffs.
Stefani Reynolds, AFP Via Getty Images
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